You are here

Mortgage-deal spoils divide winners and losers in US states

Governors and state AGs clash on use of billions of dollars in fine monies

[NEW YORK] Hundreds of millions of dollars in mortgage-fraud settlements from JPMorgan Chase & Co and other banks are providing a windfall to state attorneys-general - and creating a new class of political winners and losers. In New York, Attorney- General Eric Schneiderman learned last